Related party transactions (Tables)

12 Months Ended

Mar. 31, 2026

Disclosure of transactions between related parties [abstract]

Schedule of transactions with joint arrangements and associates



		2026 €m				2025 € m				2024 € m

Sales of goods and services to associates			30				13				25

Purchase of goods and services from associates			9				6				6

Sales of goods and services to joint ventures			259				280				267

Purchase of goods and services from joint ventures			555				761				932

Interest income receivable from associates			9				–				–

Interest expense payable to associates			6				–				–

Interest income receivable from joint ventures 1			65				66				52

Interest expense payable to joint ventures 1			157				243				239



Trade balances owed:

by associates			9				3

to associates			2				1

by joint ventures			220				210

to joint ventures			304				331

Other balances owed by associates			11				–

Other balances owed to associates			126				–

Other balances owed by joint ventures 1			1,219				1,265

Other balances owed to joint ventures 2			3,192				3,941

Notes:

1.	Amounts arise primarily through VodafoneZiggo and Oak Holdings 1 GmbH. Interest is paid/received in line with market rates.

2.	Amounts are primarily in relation to leases of tower space from Oak Holdings 1 GmbH.